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$999,000

Beds
2
Baths
2.0
sq ft
952

421 Meridian Ave Unit 16, Miami Beach, FL 33139

421 Meridian Ave Unit 16

Miami Beach, FL 33139

  • 3 days on market
Meridian 5 is a newer boutique property with only 20 modern 2-story lofts. Unit #16, a 952 SF 2/2 loft, features soaring 18-foot ceilings, floor-to-ceiling impact-resistant windows, and double-height glass walls in the living room, flooding the space with natural light. Enjoy a Nolte kitchen with stainless steel appliances, quartz countertops, and contemporary bathrooms. The unit boasts a walk-in closet and a spacious private rooftop terrace, offering stunning views of South Beach and the Miami skyline. Building amenities include a swimming pool, gated and covered parking. Located in the heart of South of Fifth, close to the beach, dining, and nightlife. Short-term rentals of 30 days are allowed, with up to 12 rentals per year.

Details

Property type

Condominium

Est. home value

$855,372

Lot size

Unknown

Price per sq ft

$1,050

Year built

2011

Annual property taxes

$12,999

Monthly HOA fee

$814

Price History

06/28/2024
SEF

SEF #A11612949

Listed
$999,000
+59.84%
08/11/2017
SEF

SEF #A10246415

Sold
$625,000

Schools & Community

Neighborhood: 

South Pointe

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Bac Florida Bank

Loan start date

August 2017

Original loan amount

$437,500

Est. remaining balance

Not provided

Interest rate

5.75%

Loan type

Adjustable Rate Mortgage, 30 year

Seller

421 Meridian 16 Llc

Lender

Bac Florida Bank

Loan start date

August 2017

Original loan amount

$437,500

Est. remaining balance

Not provided

Interest rate

5.75%

Loan type

Adjustable Rate Mortgage, 30 year

Seller

421 Meridian 16 Llc

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 06/30/2024 at 10:30 PM

Listing updated: 06/30/2024 at 8:05 PM

Listed by: David Nguah, Douglas Elliman Phone #: (305) 695-6300

MLS: SEF #A11612949

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